“Connected Aircraft Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on connected aircraft market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
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- Benchmark performance against key competitors.
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Where is the largest and fastest growing market for connected aircraft? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The connected aircraft market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Type: Systems; Solutions
- 2) By Connectivity: Inflight Connectivity; Air-to-Air Connectivity; Air-to-Ground Connectivity
- 3) By Frequency Band: Ka-band; Ku-band; L-band
- 4) By Application: Commercial; Military
- Companies Mentioned: Honeywell International Inc.; Gogo Inflight Internet Company; Thales Group; Inmarsat; Collins Aerospace
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery Format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the market are: Honeywell International Inc., Gogo Inflight Internet Company, Thales Group, Inmarsat, Collins Aerospace, Viasat Inc., BAE Systems, The Boeing Company plc, Airbus SE, Bombardier Aviation, Kontron AG, Panasonic Avionics Corporation, Nelco Ltd., Eutelsat S.A., and Zodiac Aerospace.
The global connected aircrafts market is expected to grow from $5.82 billion in 2022 to $6.81 billion in 2023 at a compound annual growth rate (CAGR) of 16.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The connected aircrafts market is expected to grow to $12.31 billion in 2027 at a CAGR of 16%.
The connected aircraft market includes revenues earned by entities providing real-time information, ground and airborne command information, controlled communication services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Connected aircraft referred to solutions that are designed to transform modern-day flying by integrating satellite components, aeroplane hardware, airtime connectivity, and on- and off-board apps and services to alter the way people communicate in the aviation. It is used to provide seamless connections between the aircraft and the ground and to increase flight efficiency, safety and to and enhance the passenger experience.
North America was the largest region in the connected aircraft market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the connected aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of connected aircraft markets are systems and solutions. The systems are used to support operations like data management systems, and satellite communication systems. Systems in the connected aircraft market refer to electronic devices that serve some purpose of bringing fuel, air, and ignition together in an aircraft engine for combustion and that provide basic tracking devices, installed communication devices, and high-capacity multitasking systems. The connectivity types are inflight connectivity, air-to-air connectivity, and air-to-ground connectivity, which uses frequency bands such as Ka-band, Ku-band, L-band, which are applied in commercial and military purposes.
An increase in air passenger travel is expected to propel the growth of the connected aircraft market going forward. Air travel refers to the process of boarding an aircraft for the purpose of travelling from one location to another by any flying object. The increase in air passenger travel is resulting in airline companies making the addition of aircraft to their fleets to cater to the needs of the air passengers. For instance, in 2021, according to International Air Transport Association, a Canada-based trade association data, overall traveller numbers were 47% of 2019 levels. This is expected to improve to 83% in 2022, 94% in 2023, 103% in 2024 and 111% in 2025.Therefore, the increase in air passenger travel is driving the growth of the connected aircraft market.
Technological advancement is a key trend gaining popularity in the connected aircraft market. Major companies operating in the connected aircraft market are focused on developing new technological solutions to strengthen their position. For instance, in April 2022, Universal Avionics, a US-based company operating in connected aircraft, launched its connectivity ecosystem technology that allows aircraft pilots to connect Apple iPads to the flight management system. This technology enables two-way communication, data collecting, FMS (flight management system) and other avionics system uploading and downloading. It enhances the relevant analytics of each flight and allow operators to optimize flight operations and aircraft availability for each aircraft or a fleet when connected to ground infrastructure.
In November 2021, Collins Aerospace, a US-based aerospace company acquired FlightAware for an undisclosed amount. Through this acquisition, Collins aerospace will turn customers' data into value which will enable them to increase efficiency and reduce cost while improving the sustainability of their operations, and Collins Aerospace will provide connected aviation solutions to its customers. FlightAware is a US-based company operating in connected aircraft.
The countries covered in the connected aircraft market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The connected aircraft market research report is one of a series of new reports from The Business Research Company that provides connected aircraft market statistics, including connected aircraft industry global market size, regional shares, competitors with a connected aircraft market share, detailed connected aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the connected aircraft's industry. This connected aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Connected Aircraft Market Characteristics
3. Connected Aircraft Market Trends And Strategies
4. Connected Aircraft Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Connected Aircraft Market
- 4.2. Ukraine-Russia War Impact On Connected Aircraft Market
- 4.3. Impact Of High Inflation On Connected Aircraft Market
5. Connected Aircraft Market Size And Growth
- 5.1. Global Connected Aircraft Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Connected Aircraft Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Connected Aircraft Market Segmentation
- 6.1. Global Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Systems
- Solutions
- 6.2. Global Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Inflight Connectivity
- Air-to-Air Connectivity
- Air-to-Ground Connectivity
- 6.3. Global Connected Aircraft Market, Segmentation By Frequency Band, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Ka-band
- Ku-band
- L-band
- 6.4. Global Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Commercial
- Military
7. Connected Aircraft Market Regional And Country Analysis
- 7.1. Global Connected Aircraft Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Connected Aircraft Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Connected Aircraft Market
- 8.1. Asia-Pacific Connected Aircraft Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Connected Aircraft Market
- 9.1. China Connected Aircraft Market Overview
- 9.2. China Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Connected Aircraft Market
- 10.1. India Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Connected Aircraft Market
- 11.1. Japan Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Connected Aircraft Market
- 12.1. Australia Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Connected Aircraft Market
- 13.1. Indonesia Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Connected Aircraft Market
- 14.1. South Korea Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Connected Aircraft Market
- 15.1. Western Europe Connected Aircraft Market Overview
- 15.2. Western Europe Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Connected Aircraft Market
- 16.1. UK Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Connected Aircraft Market
- 17.1. Germany Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Connected Aircraft Market
- 18.1. France Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Connected Aircraft Market
- 19.1. Eastern Europe Connected Aircraft Market Overview
- 19.2. Eastern Europe Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Connected Aircraft Market
- 20.1. Russia Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Connected Aircraft Market
- 21.1. North America Connected Aircraft Market Overview
- 21.2. North America Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Connected Aircraft Market
- 22.1. USA Connected Aircraft Market Overview
- 22.2. USA Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Connected Aircraft Market
- 23.1. South America Connected Aircraft Market Overview
- 23.2. South America Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Connected Aircraft Market
- 24.1. Brazil Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Connected Aircraft Market
- 25.1. Middle East Connected Aircraft Market Overview
- 25.2. Middle East Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Connected Aircraft Market
- 26.1. Africa Connected Aircraft Market Overview
- 26.2. Africa Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Connected Aircraft Market Competitive Landscape And Company Profiles
- 27.1. Connected Aircraft Market Competitive Landscape
- 27.2. Connected Aircraft Market Company Profiles
- 27.2.1. Honeywell International Inc.
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Gogo Inflight Internet Company
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Thales Group
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Inmarsat
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Collins Aerospace
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Connected Aircraft Market
29. Connected Aircraft Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer